GEM g8 education limited

how exactly is that a disgrace?input prices go up, interest...

  1. 3,679 Posts.
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    how exactly is that a disgrace?

    input prices go up, interest rates have gone up - why wouldn't they increase their rates to cover costs.

    as for staffing - not sure whether your issue is with staff numbers or workforce casualisation. if it is the former then I would argue that it is the legislators in their infinite wisdom that mandate ratios and it is up to providers to meet those ratios, no more. if it is the latter then sadly a business cannot overcapitalise on core staffing due to fluctuations and there it is a risk reward payoff with regards to the amount of casualisation of the work force.

    the price indicator of care is offset somewhat by government subsidies and so parents focus on quality and if it costs more to maintain that high level core staff then bump the fees up to maintain occupancy.

    I'm guessing you're also not actually a shareholder?
 
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